COMMERCIAL FLAGSHIP OPPORTUNITY IN WILLIAMSBURG!
RETAIL / LIGHT MANUFACTURING / OFFICE SPACE
103 N 13th street, Brooklyn, NY 11249
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Parking Lower Level
(125 sf x 100 sf), approx. 14′ ceiling
Retail Ground Floor
125′ glass frontage and 16′ ceilings
2 Retail Floors
(125 sf x 100 sf)
1 Light Manufacturing Floor
(10,875 SF )
5 Office Floors
(32,500 SF Total)
Cargo and Public
Elevator on site
2 PERSONAL AND 1 CARGO ELEVATOR
RAMP AND ELEVATOR
Built in 2018
BRAND NEW BUILDING
In the past five years, Brooklyn has reached a new maturity and self-confidence. New development projects will be coming online at a moment when the borough is fashionable, even by Manhattan’s exacting standards. Williamsburg and Greenpoint waterfronts, enabled by two lengthy rezoning proposals, could add more than fifteen new towers, 4.5 million square feet of office space, and 8,500 new housing units.
But something sets Williamsburg apart, and it’s not just the price increases and booming residential market. In the past 11 years—since its waterfront was rezoned to accommodate residential development—the neighborhood has exploded like no other in New York.
Urban renewal often follows the same path as neighborhoods move from blighted to edgy to cool to upscale. In Williamsburg, this process is on steroids as the path of retail redevelopment continues to seek out new neighborhoods that surround 103 N 13TH St.
SUBMARKET: The once blighted Williamsburg submarket has become one of the most sought after retail districts in the nation. Median asking rents here are now averaging $250 per square foot with space on the trendy Bedford Avenue corridor averaging $350 per square foot. The North Brooklyn neighborhood, alongside its neighbor to the north, Greenpoint, experienced a whopping 78.7 percent increase in average rent between 1990 and 2014. (No. 2 on the list, Central Harlem, saw rents increase 53.2 percent.) And like all the other gentrified areas on the list, Williamsburg had dramatic increases in young, white, college-educated residents with higher incomes.
The Greenpoint Williamsburg Waterfront Open Space Master Plan was developed in conjunction with many community groups, to address local concerns about the neighborhood. The vast majority of visitors come by public transport or bicycle. Within a few blocks there is bus, subway, the proposed Bushwick Inlet Ferry dock, a bike path, a Citi Bike share dock, and many residents.